Registered retirement savings plan

Always try to save up in your RRSP, it is easier if you have it automatically withdrawn with your paycheck so you don't even feel like it was there. Then look out for the Tax Free Savings account starting in Jan. 2009 this will enable you to save money but withdraw the money at any time without tax penalties. This will be a better vehicle for your retirement savings because when you start to withdraw the money in retirement you wont lose any of it to taxes.